Golden Lake’s Plan of Operations Accepted by Bureau of Land Management in Preparation for Upcoming Diamond Drilling on Its Jewel Ridge Gold-Silver-Zinc-Lead Property, Eureka County, Nevada
Golden Lake Exploration Inc. (CSE:GLM, OTCQB:GOLXF) announces the Bureau of Land Management's approval of its Plan of Operations for the Jewel Ridge property in Nevada. This authorization allows for preparatory activities and diamond drilling on the property, located in the Battle Mountain-Eureka gold trend. The company plans a 1,500-metre diamond drilling program to commence by mid to late September, targeting deeper areas previously unexplored.
The approval is timely, considering recent encouraging drill results from neighboring North Peak Resources at Prospect Mountain. Notable intercepts include 1.06 g/t Au & 12.30 g/t Ag over 126.5 metres in a drill hole situated within 200 metres of Jewel Ridge's western boundary. These results suggest potential for Golden Lake's upcoming exploration efforts.
Golden Lake Exploration Inc. (CSE:GLM, OTCQB:GOLXF) annuncia l'approvazione da parte del Bureau of Land Management del proprio Piano Operativo per la proprietà Jewel Ridge in Nevada. Questa autorizzazione consente di svolgere attività preparatorie e di perforazione con diamante sulla proprietà, situata nella tendenza aurifera Battle Mountain-Eureka. L'azienda prevede di avviare un programma di perforazione con diamante di 1.500 metri entro metà-fine settembre, mirando a zone più profonde precedentemente inesplorate.
L'approvazione è tempestiva, considerando i recenti risultati promettenti di perforazione da parte della vicina North Peak Resources a Prospect Mountain. Gli intercetti notevoli includono 1,06 g/t Au & 12,30 g/t Ag su 126,5 metri in un foro di perforazione situato entro 200 metri dal confine occidentale di Jewel Ridge. Questi risultati suggeriscono potenzialità per i prossimi sforzi di esplorazione di Golden Lake.
Golden Lake Exploration Inc. (CSE:GLM, OTCQB:GOLXF) anuncia la aprobación del Bureau of Land Management de su Plan de Operaciones para la propiedad Jewel Ridge en Nevada. Esta autorización permite realizar actividades preparatorias y perforación de diamante en la propiedad, situada en la tendencia aurífera de Battle Mountain-Eureka. La empresa planea iniciar un programa de perforación de diamante de 1,500 metros para mediados a finales de septiembre, apuntando a áreas más profundas previamente inexploradas.
La aprobación es oportuna, considerando los recientes resultados alentadores de perforación de la vecina North Peak Resources en Prospect Mountain. Los interceptos notables incluyen 1.06 g/t Au & 12.30 g/t Ag sobre 126.5 metros en un agujero de perforación situado a menos de 200 metros del límite occidental de Jewel Ridge. Estos resultados sugieren un potencial para los próximos esfuerzos de exploración de Golden Lake.
Golden Lake Exploration Inc. (CSE:GLM, OTCQB:GOLXF)는 네바다의 주얼 리지 매립지에 대한 운영 계획이 토지 관리국의 승인을 받았음을 발표했습니다. 이 승인으로 필드 준비 활동과 다이아몬드 드릴링이 가능해지며, 해당 지역은 배틀 마운틴-유레카 금 트렌드에 위치하고 있습니다. 이 회사는 기존에 탐사되지 않은 더 깊은 지역을 겨냥한 1,500미터 다이아몬드 드릴링 프로그램을 9월 중순에서 말경에 시작할 계획입니다.
이번 승인은 인근 노스 피크 리소스의 프로스펙트 마운틴에서 나온 최근의 고무적인 드릴 결과를 고려할 때 시기적절합니다. 주목할 만한 인터셉트에는 126.5미터에 걸쳐 1.06 g/t Au 및 12.30 g/t Ag가 포함되어 있으며, 이는 주얼 리지의 서쪽 경계에서 200미터 이내에 위치한 드릴 홀에서 나타났습니다. 이러한 결과는 골든 레이크의 향후 탐사 노력에 대한 잠재력을 암시합니다.
Golden Lake Exploration Inc. (CSE:GLM, OTCQB:GOLXF) annonce l'approbation de son Plan d'Opération par le Bureau of Land Management pour la propriété Jewel Ridge au Nevada. Cette autorisation permet de réaliser des activités préparatoires et de forages à diamants sur la propriété, située dans la tendance aurifère de Battle Mountain-Eureka. La société prévoit de commencer un programme de forage à diamants de 1 500 mètres d'ici la mi-fin septembre, ciblant des zones plus profondes auparavant inexplorées.
Cette approbation est opportune, compte tenu des récents résultats de forage encourageants de la société voisine North Peak Resources à Prospect Mountain. Les intercepts notables incluent 1,06 g/t Au & 12,30 g/t Ag sur 126,5 mètres dans un trou de forage situé à moins de 200 mètres de la limite ouest de Jewel Ridge. Ces résultats suggèrent un potentiel pour les futures efforts d'exploration de Golden Lake.
Golden Lake Exploration Inc. (CSE:GLM, OTCQB:GOLXF) gibt die Genehmigung des Bureau of Land Management zu seinem Betriebsplan für die Jewel Ridge-Liegenschaft in Nevada bekannt. Diese Genehmigung ermöglicht vorbereitende Aktivitäten und Diamantbohrungen auf der Liegenschaft, die sich im Goldtrend von Battle Mountain-Eureka befindet. Das Unternehmen plant, ein 1.500 Meter umfassendes Diamantbohrprogramm Mitte bis Ende September zu starten, das tiefere, zuvor unerforschte Bereiche anvisiert.
Die Genehmigung kommt zur rechten Zeit, da kürzlich ermutigende Bohrergebnisse von dem benachbarten Unternehmen North Peak Resources am Prospect Mountain vorliegen. Nennenswerte Durchschüsse sind 1,06 g/t Au & 12,30 g/t Ag über 126,5 Meter in einem Bohrloch, das sich innerhalb von 200 Metern von der westlichen Grenze von Jewel Ridge befindet. Diese Ergebnisse deuten auf das Potenzial für die bevorstehenden Explorationsbemühungen von Golden Lake hin.
- Approval of Plan of Operations by Bureau of Land Management, allowing for diamond drilling and exploration activities
- Planned 1,500-metre diamond drilling program to commence by mid to late September
- Property located in prolific Battle Mountain-Eureka gold trend of Nevada
- Proximity to successful exploration programs by i-80 Gold Corp. and North Peak Resources
- Encouraging drill results from neighboring property, including 1.06 g/t Au & 12.30 g/t Ag over 126.5 metres within 200 metres of Jewel Ridge boundary
- None.
VANCOUVER, BC / ACCESSWIRE / August 19, 2024 / Golden Lake Exploration Inc. (CSE:GLM) ("GLM" or the "Company") (OTCQB:GOLXF) is pleased to announce that the Bureau of Land Management (United States Department of the Interior) has approved the Company's Plan of Operations (PoO), authorizing preparatory and certain exploration activities including diamond drilling, to be undertaken on Golden Lake's flagship Jewel Ridge property (the "Property"), located in the prolific Battle Mountain-Eureka gold trend of Nevada.
"The Plan of Operations is a big asset for Golden Lake moving forward. We are very excited to get drilling our first 4 priority, deeper targets at Jewel Ridge, which to date has seen only shallow holes over the years" commented Mike England, Golden Lake CEO.
The Property is well-located proximal to infrastructure and is immediately adjacent to successful, high-profile exploration programs currently being undertaken by both i-80 Gold Corp. (IAU.TO) as well as North Peak Resources Ltd. (NPR.V), on their neighboring Ruby Hill and Prospect Mountain properties, respectively.
Acceptance of Plan of Operations:
The BLM acceptance of Golden Lake's Plan of Operations (PoO NVNV105863070/Nevada Reclamation Permit No. 0421) initiates the bonding for approximately 15.5 acres of authorized exploration activities at Jewel Ridge, permitting among other things, the construction of new trails, roads and drill pads in accordance with BLM Surface Management Regulations.
Such activities will be completed prior to and during the undertaking of a planned 1,500-metre diamond drilling program at Jewel Ridge, anticipated to commence by mid to late September.
North Peak Resources Drilling Results at Prospect Mountain:
The approval of Golden Lake's PoO and its upcoming drill program at Jewel Ridge are timely, in view of the encouraging drill results recently announced by North Peak Resources Ltd. at Prospect Mountain.
North Peak reported the results from the first 10 holes of its 2024 reverse-circulation drill program targeting the Wabash/Williams/Silver Connor historical mine areas (see North Peak's news release dated August 14, 2024). Many of the drill holes completed by North Peak, among them PM24-004 & PM24-006, are situated within 200 metres from the western boundary of the Jewel Ridge property (see Figure 1). Drill hole assays include:
1.06 g/t Au & 12.30 g/t Ag over 126.5 metres (including 4.20 g/t Au & 71.00 g/t Au over 12.2 metres) in drill hole PM-24-004
1.38 g/t Au & 26.32 g/t Ag over 35.1 metres (including 2.03 g/t Au & 38.26 g/t Ag over 21.3 metres) in drill hole PM-24-006
Figure 1. Jewel Ridge property with North Peak data from PR released on Aug 14, 2024.
Current controls on gold mineralization at the Wabash/Williams historic mines are not conclusively known. Regardless of such controls, the wide encouraging drill intercepts recently obtained by North Peak within close proximity to the Jewel Ridge Property, augur well for Golden Lake.
Qualified person:
Golden Lake Exploration's disclosure of a technical or scientific nature in this news release has been reviewed and approved by Don Hoy, P.Geo., who serves as a qualified person under the definition of National Instrument 43-101.
About Golden Lake Exploration Inc:
Golden Lake Exploration is a junior public mining exploration company engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to acquire, explore and develop economic precious and base metal properties of merit and to aggressively advance its exploration program on the Jewel Ridge property.
ON BEHALF OF THE BOARD
"Mike England"
Mike England, CEO & DIRECTOR
FOR FURTHER INFORMATION PLEASE CONTACT
Telephone: 1-604-683-3995
TollFree:1-888-945-4770
SOURCE: Golden Lake Exploration Inc.
View the original press release on accesswire.com
FAQ
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